How to: Submit Returns Using e-TCS
Tax Collected at Source (TCS) returns must be filed using a predefined electronic format called e-TCS. The File Validation Utility is used to verify whether the e-TCS return contains the prescribed format. The e-TCS return is submitted to the tax authorities either on a floppy disk or on a CD with a completed and signed hard copy of the control chart, Form 27B.
The following procedure describes how to submit e-TCS returns using Form 27EQ, but the same steps also apply to revising e-TCS returns using Form 27EQ.
To submit e-TCS returns using Form 27EQ
In the Search box, enter Generate e-TCS, and then choose the related link.
On the General FastTab, select the Form 27EQ check box.
On the Actions tab, in the Functions group, choose eTCS.
In the Generate e-TCS 27Q window, on the Options FastTab, fill in the fields as described in the following table.
Field Description T.CA.N. Location
The tax collection account number location code.
Report Frequency
The quarter for which the report will be printed.
Financial Year
The financial year to be printed on the form.
Full Name
The name of the person deducting TCS.
Designation
The designation of the person entered in the Full Name field.
Printing Date
The date to be printed on the form.
Choose the OK button.
You can now submit the e-TCS statement to the validation tool that the tax authorities make available. When your e-TCS statement has been successfully filed, you must update the filing status.
To update the filing status for an e-TCS statement
Open the relevant e-TCS statement.
In the Actions tab, in the Functions group, choose File eTCS.
In the Update TCS Filing window, on the Options FastTab, fill in the fields as described in the following table.
Field Description T.A.N. Location
The tax collection account number location code.
Quarter
The quarter for which the report will be printed.
Financial Year
The financial year to be printed on the form.
Filing Date
The date for filing the returns.
Provision Receipt No.
The provision receipt number for each quarter.
Choose the OK button.
See Also
Tasks
How to: Submit Returns Using e-TDS